COVENANTS OF THE MERCHANT. In consideration of Cashlesso performing the services as mentioned above, the Merchant hereby declares, assures, undertakes and covenants as under: The Merchant shall duly fulfill all transactions in accordance with the instructions of the Customer. The Merchant undertakes to ensure that the delivery is done as per specifications of the Customer on or before the Delivery Due Date. The Merchant will not offer out-of-stock Products or Services for sale and shall be solely liable for quality and efficiency and merchantability of the Products and Services keeping Cashlesso, Acquiring Banks and the Facility Providers indemnified against all claims at all times. The Merchant shall prior to accepting any instructions from the Customer ensure that appropriate agreements have been executed with the Customer in accordance with the requirements of applicable law and regulations, which agreements shall be directly between the Customer and the Merchant and appropriate disclosures/disclaimers pertaining to the Products and Services are displayed conspicuously on the Website. In addition to terms and conditions of this Agreement, Merchant shall at all times abide by the ‘Terms of Services’ (as updated from time to time) listed on the Website while performing services for the Customers hereunder keeping Cashlesso indemnified against all claims at all times. The Merchant shall comply with all applicable laws and regulations in offering the Products and Services to the Customers. The Merchant, who is solely responsible for, shall ensure that all requisite licenses and registrations are kept in full force and effect to enable the Merchant to offer the Products and Services for sale and also comply with Master/VISA guidelines. The Merchant shall not offer any Product or Service, which is illegal or offensive and is not in compliance with applicable laws, and regulations whether federal, state, local or international of all jurisdiction from where the Customers of Merchant avails the goods and/or services. In the event of any Customer complaint or when a Customer is dissatisfied with any Product or Service, the Merchant, who is solely responsible for the Product or Services sold shall take such measures as may be required to resolve the same. The Merchant shall ensure that the best service standards in the industry are adopted and shall ensure delivery of all Products and Services purchased, to Customers in accordance with the highest standards as is the liability of the Merch...
COVENANTS OF THE MERCHANT. 26 16.1 Operations Prior to Closing Date......................26 16.2 Operation of Business From and After Closing Date.....26 Section 17. Conditions Precedent to Effectiveness........................27 17.1 Conditions Precedent to Obligations of Both Merchant and Agent..........................27 17.2 Additional Conditions Precedent to Obligations of Agent...................................27
COVENANTS OF THE MERCHANT. In consideration of the Payment Service Provider performing the Services as mentioned above, the Merchant hereby declares, assures, undertakes and covenants as under:
4.1 The Merchant shall prior to accepting any instructions from the Customer ensure that appropriate agreements have been executed with the Customer in accordance with the requirements of applicable law and regulations, if required.
4.2 The Merchant assures and guarantees to the Payment Service Provider, the Facility Providers and the Acquiring Banks the due performance of all Customer Orders for which the payment has been transferred through the Payment Mechanism.
4.3 In the event of any Customer complaining of any deficiency in Service, the Merchant shall take such measures as may be required to rectify the same. Where the payment service provider have fixed that the Customer’s order/Services will be fulfilled in 5 days from order placing day and in case Merchant has failed to comply with the said order, The Payment Service Provider has full right to refund the Customer after deducting Payment Service Provider charges if any in case of any non-fulfilment of the order, if any claim by the customer after referring to the Merchant.
4.4 In the event of any chargeback claim filed by Customer due to any reason including but not limited not receiving the Product or Service, receiving damaged Product or Service or receiving different Products or Service compared to what had been ordered, Xxxxxxxx will be liable for all these claims.
4.5 The Payment Service Provider shall not be liable to the Customer for the chargeback claim of the Customer for which the payment is received by the Payment Service Provider by any mode of Payment Mechanism through Noqodi website.
4.6 If any chargeback claim of the Customer is received by the Payment Service Provider, it shall be communicated to the Merchant to take necessary action to verify and rectify/remedy if such claim is valid within 5 days. All chargebacks will be deducted from the Merchant in the next settlement with the Merchant. If the Merchant fails to rectify or remedied the such valid claim within 5 days, Payment Service Provider’s liability towards the Merchant for the said claim shall cease to exist.
4.7 If the claim is valid, the Payment Service Provider shall adjust the value of the said claim with the Merchant after deducting the charges if any from next settlement and if the Customer claim is invalid, the Merchant shall invoice to the Customer for ...
COVENANTS OF THE MERCHANT. The Merchant covenants to the Bank as follows:
5-1 That he shall not impose any surcharge on any card
a. Obtain authorization. b.Capture transaction data.
COVENANTS OF THE MERCHANT. In consideration of WEIPL performing the services as mentioned above, the Merchant hereby declares, assures, undertakes and covenants as under:
5.1 The Merchant shall duly fulfill all Transactions in accordance with the instructions of the Customer. The Merchant undertakes to ensure that the Delivery is done as per specifications of the Customer on or before the Delivery Due Date.
5.2 Merchant shall provide all the KYC documents and other necessary information within 5 business days as and when WEIPL raises a request to that effect in writing and any failure on the part of Merchant to discharge the obligations under this representation shall be considered as a breach of the Agreement.
5.3 The Merchant will not offer out-of-stock Products or Services for sale and shall be solely liable for quality and efficiency and merchantability of the Products and Services.
